Take a look at this thing and tell me it's not some machine(s) trying to stabilize a stochastic process:
Here's the big answer to all such questions: WHO CARES. Yes, algorithms have been active market participants for some 20+ years now. They are a part of the show. You either make your own to participate or you trade manually, that's your choice. But seriously, who cares about who is involved in this? The answer is people.
OMG, this was hilarious!! Hahaha (no offense to Scat or anything, just though the joke was hilarious !!)
if it isn't a data error I would love to trade against that. It looks like a guy who doesn't know that limit orders exist. Easy money
I know you are joking but be careful to set those lines in that time frame, there is a lot of noise intraday that means nothing.
Aloha Drawdown, Didnt even look at the timeframe, but IMO it doesnt matter. PA is fractal (granted some TFs work better than others)
"The market" That stuff is trading very little volume. But yeah +70% is algorithmic trading. However they control nothing.